Almost 27,000 apartments were under construction in North Texas at the end of March, more than any other U.S. metropolitan market, according to MPF Research.

Troy Corman‘s insight:

Other highlights from Steve Brown’s speech to the Dallas Builder’s Association – 10,000 in population growth a month in DFW. Inventory levels of available homes for sale at 20-year low. Only 2,423 new homes are currently available. Sales of homes at $500K and up are up 30% or more with sales of homes at least $1M up 53%. Hottest residential real estate market he’s seen in his 30 years of coverage.